A bill to amend certain provisions of title 5, United States Code, to provide for an increased maximum rate of pay for specially qualified scientific and professional personnel, and for other purposes.

Directs the President to: (1) establish and periodically revise the maximum number of Government scientific or professional positions for carrying out research and development functions requiring the services of specially qualified personnel which may be established outside the General Schedule; (2) fix the annual basic pay rate for such positions; and (3) report to the Congress on the employment requirements for such personnel who are most difficult to recruit or retain in Federal service, on the number of such positions established, and on each such position and its annual pay rate.

Removes ceilings limiting the number of, and the pay rate for, such positions.

Repeals provisions that: (1) prohibit employment of such personnel in Senior Executive Service positions; and (2) allow the Librarian of Congress to establish a certain number of such positions requiring the services of such personnel to carry out Library research and development functions.